The EUR/USD pair remains under the attention of investors against the background of a number of significant economic events and data expected in the near future. Of the news that is expected, the following are: PMI data for July from France, Germany, the UK and the eurozone, which will provide important information about the state of the economies of these countries. These indicators will help investors assess the health of the economy and possible actions by the European Central Bank (ECB) on interest rates in September.

From a technical point of view, after the EUR/USD pair left the resistance zone around the $1.0950 level, in the direction - towards inside the range, the Euro continues to decline against the US dollar and is now facing a local support zone around $1.0810-1.0840. There are currently no technical grounds for quickly overcoming this zone, however, fundamental triggers (data publications) may appear in the near future that will change the overall picture.
When planning trades, it is necessary to keep an eye on the news calendar and take into account the risks of increased volatility at the time of publication.